| | | | Index Performance | | Index | Sensex | Nifty | | Open | 9,794.48 | 2,983.60 | | High | 10,009.21 | 3,052.55 | | Low | 9,790.31 | 2,963.30 | | Today's Cls | 9,976.98 | 3,041.75 | | Prev Cls | 9,832.39 | 2,981.20 | | Change | 144.59 | 60.55 | | % Change | 1.47 | 2.03 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | MMTC | 13,200.80 | 20.00 | | Videocon Industries | 125.15 | 19.99 | | GMDC | 45.70 | 19.95 | | HCL Tech | 122.95 | 17.99 | | Bajaj Hindusthan | 66.65 | 16.83 | | Losers | | Sterlite Industries | 285.95 | -7.07 | | HDFC | 1,545.40 | -4.13 | | Sintex Industries | 183.35 | -4.08 | | Jain Irrigation | 310.55 | -4.06 | | MTNL | 78.40 | -3.21 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,866 | 962 | | Declines | 648 | 253 | | Unchanged | 67 | 39 | | Volume(Nos) | 37.79cr | 77.28cr | | | | | | Market Commentary | | | Sensex flirts with 10,000 | | The market notched up gains for third consecutive session on buying in consumer durables’ and public sector units’ stocks. | | The 30-stock Sensex of BSE began the trading session at 9,794, down 38 points from yesterday’s close and moved up in early trades on buying in heavyweights. | 
| | | However, the index eased on profit booking in metal stocks and touched an intra-day low of 9,790. Down the day, the index surged and touched an intra-day high of 10,009 on substantial buying in consumer durables, public sector units and oil stocks. The Sensex finally settled at 9,977, up 145 points. Nifty ended the session at 3,042, up 61 points.
The market breadth was positive. Of the 2,581 stocks traded on BSE, 1,866 stocks advanced whereas 648 stocks declined. Sixty seven stocks ended unchanged. Of 13 sectoral indices, BSE CD advanced 7.44% followed by BSE PSU (up 5.03%), BSE Oil & Gas (up 3.30%) and BSE HC (up 2.48%).
Most heavyweights ended in positive territory. ONGC rose 6.07% at Rs713.75, Grasim Industries advanced 4.59% at Rs1,227.60, ACC climbed 4.34% at Rs535.65, Tata Motors surged 4.33% at Rs164.95, HDFC Bank gained 4.10% at Rs984, Reliance Industries added 3.64% at Rs1,386.80, National Thermal Power Corporation jumped 3.50% at Rs1238.15, State Bank of India advanced 2.80% at Rs1238.15, Ranbaxy Laboratories added 2.50% at Rs219.10 and Tata Consultancy Services was up 2.37% at Rs480.75. Among the laggards, Sterlite Industries shed 7.07% at Rs285.95 and HDFC slipped 4.13% at Rs1545.40. Reliance Infrastructure, Reliance Communications, DLF, Larsen & Toubro and Tata Steel ended with marginal losses.
Over 3.51 crore shares of Reliance Natural Resources changed hands on BSE followed by Unitech (2.29 crore shares), IFCI (2.24 crore shares), Reliance Petroleum (1.50 crore shares) and GVK Power & Infrastructure (1.46 crore shares). | | | | | | | | European Indices at 16:00 IST on 16-12-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 4316.41 | 38.85 | 0.91 | | CAC 40 Index | 3228.61 | 42.95 | 1.35 | | DAX Index | 4723.39 | 68.92 | 1.46 | | | | | | | | | | | Asian Indices at close on 16-12-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 8568.02 | -96.64 | -1.12 | | Hang Seng Index | 15130.21 | 83.26 | 0.55 | | Kospi Index | 1161.56 | 3.37 | 0.29 | | Straits Times Index | 1782.09 | 7.33 | 0.41 | | Jakarta Composite Index | 1342.84 | -16.44 | -1.21 | | | | | | | | To know more about our products and services, click here. | | | | | | | “This document has been prepared by Sharekhan Ltd. This Document is subject to changes without prior notice and is intended only for the person or entity to which it is addressed to and may contain confidential and/or privileged material and is not for any type of circulation. Any review, retransmission, or any other use is prohibited. Kindly note that this document does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction.
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